The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else

I have had the privilege of meeting the Hernando de Soto back in 2006 while attending training at his Institute for Liberty and Democracy in Lima. I can count among those who have also implemented in practice the theories that de Soto puts forward in the book, through my involvement in a joint policy research program on property rights in Albania. It is enriching and fascinating book to read, as well as both well researched and written. I am also proud to have contributed to editing its translation into Albanian.

Excellent overview of how we use property to create capital and how most of the world does not have a system for documenting ownership. Most people live in an extralegal system. Has recommendations for changing the systems so that real capitalism can work.

This is a great book on the power of capitalism, and how its use outside the 'first world' is missing a key ingredient, namely, the legal right and acknowledgement of private property.

Only read half of this ( we get the idea ) although it is very good ( I also kept flashin on ' Thieves World ', the Asprin books ... hm ... )

This book not only highlights global legal property right deficiencies, but also guides readers to a first step in reducing global poverty.

Thesis: Poor are worse off because they don't have a proper system of legal property and judicial courts.

Only read half of this ( we get the idea ) although it is very good ( I also kept flashin on ' Thieves World ', the Asprin books ... hm ... )